Senior Property Accountant

QuadReal Property Group; Toronto; On-site; CAD 60,000 - 100,000; Full time

Job summary

An established industry player seeks a Senior Property Accountant to join their dynamic team in Toronto. This role involves preparing financial statements, managing tenant recoveries, and conducting high-level financial analysis. The ideal candidate will possess a CPA or equivalent experience, with a strong background in commercial property accounting. You will play a pivotal role in ensuring financial integrity and efficiency while contributing to process improvements. Join a forward-thinking company that values diversity and offers a collaborative work environment where your contributions make a real impact.

Qualifications

• Qualified CPA or equivalent with 5+ years in property accounting.
• Strong financial analysis and communication skills required.

Responsibilities

• Prepare financial statements and perform high-level analysis.
• Manage tenant recoveries and cash flows using Yardi.
• Support annual property audits and assist with budgets.

Skills

Full-cycle property accounting

Financial analysis

Communication skills

Problem-solving skills

Organizational abilities

Multitasking

Education

CPA or equivalent experience

5 years of commercial/retail property accounting

Tools

Yardi

Microsoft Excel

Microsoft Word

Job description

Job Description: Senior Property Accountant at QuadReal Property Group

Join to apply for the Senior Property Accountant role at QuadReal Property Group.

About QuadReal Property Group

QuadReal Property Group is a global real estate investment, operating, and development company headquartered in Vancouver, British Columbia. Its assets under management are $85 billion. Founded in Canada as a full-service real estate operating company, QuadReal has expanded to invest in equity and debt across public and private markets. The company invests directly, through partnerships, and via operating platforms in which it holds an ownership interest.

QuadReal aims to deliver strong investment returns while creating sustainable environments that add value to communities. Excellence lives here.

Visit www.quadreal.com.

Responsibilities

Reporting to the Accounting Manager, the Property Accountant will:

• Provide accurate financial information, ensuring professionalism and integrity.
• Prepare monthly and quarterly financial statements per company policies.
• Perform high-level analysis, recognize material variances, and adjust accordingly.
• Review and reconcile balance sheet accounts, ensuring completeness and accuracy.
• Understand property revenues and expenditures, including accruals.
• Communicate material issues promptly and effectively.
• Review and approve leases, ensuring accurate setup and interpretation of lease terms.
• Maintain organized and professional files on shared drives.
• Manage tenant recoveries and operating cost calculations using Yardi.
• Monitor cash flows, ensure timely distributions, and reconcile HST.
• Compile audit documentation and support annual property audits.
• Handle year-end adjustments, tenant billings, and capital/lease costs.
• Assist with property budgets, reforecasts, and acquisition/disposition activities.
• Communicate professionally with internal and external stakeholders.
• Support other departments with reconciliations and financial analysis.
• Contribute to process improvements and efficiency initiatives.
• Perform complex tasks independently, demonstrating leadership and mentorship.

Qualifications

• Qualified or enrolled CPA or equivalent experience in full-cycle property accounting.
• Minimum 5 years of commercial/retail property accounting, including supervising staff.
• Experience in retail property accounting is an asset.
• Effective communication skills, both oral and written.
• Strong organizational and multitasking abilities.
• Decisive problem-solving skills.
• Proficiency in Excel, Word, and other Microsoft Office tools; knowledge of Yardi is a plus.

QuadReal values diversity and is committed to providing accommodations during the hiring process. Please inform the Talent Acquisition team if needed.

Additional Information

• Seniority level: Mid-Senior level
• Employment type: Full-time
• Job function: Accounting, Auditing, and Finance